Analysts Set The Travelers Companies, Inc. (NYSE:TRV) PT at $271.11

The Travelers Companies, Inc. (NYSE:TRV - Get Free Report) has been assigned a consensus recommendation of "Hold" from the twenty-one brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $271.11.

Several research analysts have commented on TRV shares. Morgan Stanley set a $269.00 price objective on shares of Travelers Companies and gave the company an "equal weight" rating in a report on Monday, May 19th. JPMorgan Chase & Co. increased their price objective on shares of Travelers Companies from $260.00 to $271.00 and gave the stock an "underweight" rating in a research report on Tuesday, April 8th. Barclays reduced their price objective on shares of Travelers Companies from $287.00 to $280.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Hsbc Global Res lowered shares of Travelers Companies from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. Finally, Jefferies Financial Group increased their price objective on shares of Travelers Companies from $265.00 to $270.00 and gave the stock a "hold" rating in a research report on Friday, April 11th.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, SVP Paul E. Munson sold 4,052 shares of Travelers Companies stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $273.29, for a total value of $1,107,371.08. Following the completion of the transaction, the senior vice president now owns 735 shares of the company's stock, valued at approximately $200,868.15. The trade was a 84.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman William H. Heyman sold 2,000 shares of Travelers Companies stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $274.50, for a total transaction of $549,000.00. Following the completion of the transaction, the insider now directly owns 255,086 shares of the company's stock, valued at $70,021,107. The trade was a 0.78% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 163,869 shares of company stock valued at $44,868,201. Corporate insiders own 1.46% of the company's stock.

Institutional Trading of Travelers Companies

A number of institutional investors and hedge funds have recently modified their holdings of TRV. Cornerstone Planning Group LLC increased its stake in shares of Travelers Companies by 700.0% during the first quarter. Cornerstone Planning Group LLC now owns 96 shares of the insurance provider's stock worth $25,000 after purchasing an additional 84 shares in the last quarter. Putney Financial Group LLC purchased a new stake in shares of Travelers Companies during the fourth quarter worth about $26,000. Ameriflex Group Inc. purchased a new stake in shares of Travelers Companies during the fourth quarter worth about $26,000. Greykasell Wealth Strategies Inc. purchased a new stake in shares of Travelers Companies during the first quarter worth about $26,000. Finally, YANKCOM Partnership purchased a new stake in Travelers Companies during the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 82.45% of the company's stock.

Travelers Companies Stock Performance

Shares of NYSE:TRV traded down $0.94 during midday trading on Thursday, hitting $270.92. The company had a trading volume of 772,982 shares, compared to its average volume of 1,292,221. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The company has a market cap of $61.38 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 4.65 and a beta of 0.53. Travelers Companies has a 12-month low of $200.21 and a 12-month high of $277.83. The company has a fifty day moving average of $262.24 and a two-hundred day moving average of $253.98.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its earnings results on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share for the quarter, topping the consensus estimate of $0.53 by $1.38. The company had revenue of $10.52 billion during the quarter, compared to the consensus estimate of $10.97 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. During the same quarter in the prior year, the firm posted $4.69 EPS. On average, equities research analysts expect that Travelers Companies will post 17.02 EPS for the current fiscal year.

Travelers Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be issued a $1.10 dividend. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.62%. Travelers Companies's payout ratio is presently 23.95%.

About Travelers Companies

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.